Difference between revisions of "Travels of a Global T-Shirt Book Report"
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==Summary== | ==Summary== | ||
| − | + | <i>The Travels of a T-Shirt in the Global Economy: An Economist Examines the Markets, Power, and Politics of World Trade</i> explains the story (and politics) behind what it takes to produce a T-Shirt to be sold in America. The author, a collage professor at Georgetown University was inspired to take this journey after observing an anti-globalization protest in 1999. The first step was the cotton fields of Texas. Technology and subsidies means that the story starts right here in America. Then the cotton gets graded through a very scientific process and shipped to China. In China, the the state-run factories must cope with producing for a market not a quota. They get help from the workers, who despite having limited mobility feel very happy to work in a factory over a farm. This is similar to the long-gone British and American textile industries. Coming back to America, the shirt encounters a mess of tariffs and quotas. Despite promising free trade, the politicians have developed thousands and thousands of laws regarding textile imports. However, when she is done with her shirt, it finally encounters a free market in the highly competitive recycling industry. | |
==My Review== | ==My Review== | ||
| − | + | This book was very interesting. All of the problems with t-shirts today stem from our long problem with protectionism. The problem is all of the non-market activities drive up the cost and complexity of making a shirt. The story of how the US producers have always tried to avoid free markets is very, very interesting. In addition, the fact that Chinese workers rather work in a factory over a farm for independence surprises me. The activists should consider this when they talk about "sweatshops". I also learned how picky African buyers are with everything we donate. This book should be read by every person against globalization. | |
==Connection== | ==Connection== | ||
| + | I was doing a report on globalization in World Cultures so I was very interested on the topic. In addition, we learned about the dangers of tariffs and quotas in <u>The Choice</u> as well as in class. This talks about the effects which these protectionist policies actually had. | ||
==Reviews== | ==Reviews== | ||
| + | :''[http://www.nytimes.com/2005/08/21/business/yourmoney/21shelf.html?ei=5088&en=c67a9b6f553eec47&ex=1282276800&partner=rssnyt&emc=rss&pagewanted=print Article]'' | ||
| + | The author very much liked the book. He said that "has all the makings of an economic classic." I agree. We should give up the protests against global trade and focus on giving these people a free market to trade these goods. "She uses the T-shirt to tell the story of progress." Again I agree. The textile industry has always tried to avoid free markets. Especially with the cotton industry, it tells how the market adapts and changes. | ||
==Sources== | ==Sources== | ||
| − | * | + | *Rivoli, Pietra. <u>The Travels of a T-Shirt in the Global Economy: An Economist Examines the Markets, Power, and Politics of World Trade </u>. Hoboken: Wiley, 2005. |
| − | * | + | *Lowenstein, Roger. "Travels With My Florida Parrot T-Shirt." <u>The New York Times</u>. 21 Aug 2005. 20 Jan 2007 <http://www.nytimes.com/2005/08/21/business/yourmoney/21shelf.html?ei=5088&en=c67a9b6f553eec47&ex=1282276800&partner=rssnyt&emc=rss&pagewanted=print>. |
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Revision as of 03:40, 21 January 2007
Macro Economics The Travels of a T-Shirt in the Global Economy: An Economist Examines the Markets, Power, and Politics of World Trade by Pietra Rivoli (Amazon) Book Report
Contents |
Summary
The Travels of a T-Shirt in the Global Economy: An Economist Examines the Markets, Power, and Politics of World Trade explains the story (and politics) behind what it takes to produce a T-Shirt to be sold in America. The author, a collage professor at Georgetown University was inspired to take this journey after observing an anti-globalization protest in 1999. The first step was the cotton fields of Texas. Technology and subsidies means that the story starts right here in America. Then the cotton gets graded through a very scientific process and shipped to China. In China, the the state-run factories must cope with producing for a market not a quota. They get help from the workers, who despite having limited mobility feel very happy to work in a factory over a farm. This is similar to the long-gone British and American textile industries. Coming back to America, the shirt encounters a mess of tariffs and quotas. Despite promising free trade, the politicians have developed thousands and thousands of laws regarding textile imports. However, when she is done with her shirt, it finally encounters a free market in the highly competitive recycling industry.
My Review
This book was very interesting. All of the problems with t-shirts today stem from our long problem with protectionism. The problem is all of the non-market activities drive up the cost and complexity of making a shirt. The story of how the US producers have always tried to avoid free markets is very, very interesting. In addition, the fact that Chinese workers rather work in a factory over a farm for independence surprises me. The activists should consider this when they talk about "sweatshops". I also learned how picky African buyers are with everything we donate. This book should be read by every person against globalization.
Connection
I was doing a report on globalization in World Cultures so I was very interested on the topic. In addition, we learned about the dangers of tariffs and quotas in The Choice as well as in class. This talks about the effects which these protectionist policies actually had.
Reviews
The author very much liked the book. He said that "has all the makings of an economic classic." I agree. We should give up the protests against global trade and focus on giving these people a free market to trade these goods. "She uses the T-shirt to tell the story of progress." Again I agree. The textile industry has always tried to avoid free markets. Especially with the cotton industry, it tells how the market adapts and changes.
Sources
- Rivoli, Pietra. The Travels of a T-Shirt in the Global Economy: An Economist Examines the Markets, Power, and Politics of World Trade . Hoboken: Wiley, 2005.
- Lowenstein, Roger. "Travels With My Florida Parrot T-Shirt." The New York Times. 21 Aug 2005. 20 Jan 2007 <http://www.nytimes.com/2005/08/21/business/yourmoney/21shelf.html?ei=5088&en=c67a9b6f553eec47&ex=1282276800&partner=rssnyt&emc=rss&pagewanted=print>.
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